13D Filing: Mudrick Capital Management, L.P. and Verso Corp (VRSZQ)

B.

Drawdown LP

(a)

As of the close of business on September 18, 2017, Drawdown LP directly beneficially owns 742,838 Shares, including 15,368 Shares that are issuable upon exercise of warrants.

Percentage: Approximately
2.2%

(b)

1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 742,838 (including warrants) 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 742,838 (including warrants)

(c)

Drawdown LP has not entered into any transactions in the Shares during the past 60 days.

C.

Global LP

(a)

As of the close of business on September 18, 2017, Global LP directly beneficially owns 2,367,077 Shares, including 60,525 Shares that are issuable upon exercise of warrants.

Percentage: Approximately
6.9%

(b)

1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 2,367,077 (including warrants) 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 2,367,077 (including warrants)

(c)

Global LP has not entered into any transactions in the Shares during the past 60 days.

D.

Mudrick GP

(a)

As the general partner of Specialty LP and Global LP, Mudrick GP may be deemed to beneficially own 2,591,408 Shares that are beneficially owned directly by Specialty LP and Global LP, including 66,611 Shares that are issuable upon exercise of warrants.

Percentage: Approximately
7.6%

(b)

1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 2,591,408 (including warrants) 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 2,591,408 (including warrants)

(c)

Mudrick GP has not entered into any transactions in the Shares during the past 60 days.